Towering Above

October 7, 1985|By Susan G. Strother

HIALEAH — Tower Bank in Hialeah Gardens, controlled by Miami businessman Anastasios Kyriakides since 1982, was sold to Capital Bancorp in a deal that took 24 hours to negotiate. ''The only thing we know is they approached us and indicated the bank was available. We started to work on it immediately,'' said Abel Holtz, chairman of Capital Bancorp in Miami. Kyriakides owns 30 percent of Tower Bank. Holtz said Tower Bank once had assets of $85 million but is now down to $18 million.